The matter primarily pertained to unexplained expenditures assessed under Section 69C of the Income Tax Act for the ...

Occasionally the simplest and most straightforward of tax cases can prove to have value as revision lessons in law. One such case is that of /Stephen ...

Around four million Brits could be missing out on a tax break worth up to £1,260. Financial experts have urged people to ...

So, the provisions of section 115BBE of Income tax Act. 1961 have been erroneously imposed by Assessing Officer while passing assessment order. Therefore, the Assessment order passed by Assessing ...

As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...

The new bill has also provided repeals and savings clause to ensure that rights and benefits accrued to the taxpayers under ...

Tax brackets dictate how much you’ll pay on each part of your taxable income for the year. They’re not set in stone: Each ...

Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

The urban focus in the Union Budget 2025-26 marks a significant step towards strengthening India’s cities as engines of ...

A petition launched on the Parliament UK website has soared past 10,000 signatures, meaning the government will have to ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...